When you enter the bill it posts it to the expense account and accounts payable.
When you pay the bill it posts to accounts payable (to zero it out) and the checking account.
No you don’t have to match them — you can accept them to add them.
Instead of looking under time & costs, click on the expenses tab or the items tab to look for them.
No you don’t have to match them — you can accept them to add them.
Yes there is a difference. If you want to see transactions in the Customer Center and on Sales reports, etc. then you need to enter a Sales Receipt (or Invoice & Receive Payment).
gear>manage users
and create a user with customer and sales access
Users with Customers and Sale access can.:
• Enter estimates. invoices, .sales receipts, credit Memos and refunds.
• Enter charges and credits
• Create and delete statements
• Receive payments from customers
• Fill out time sheets for anyone
• Add, edit and delete customers
• Add, edit […]
If your accountant has QB for Windows, then you would need to copy the company file for Windows and send it to your accountant. You can’t work it in while they have the file. Then, they need to copy the company file for Mac. You shouldn’t send […]
You don’t have to pay to convert, but you will need to pay for a QBO subscription.
Do NOT try to track perpetual inventory or cost per item unless you get an inventory program for food / recipes.
Instead, use a periodic inventory (where you do a physical inventory periodically — usually at year end). When you purchase mixes and supplies, post them to cost […]
the IRS is specific
you do not enter a sales discount separately, you enter the actual amount paid, see this
http://onsale-apparel.com/Rustler/tag/irs-inventory
a terms discount for paying early, the offset account is income